Uttarakhand came into existence on 9th
November 2000 as the 27th state of the Republic of India. It is one of
the most beautiful well preserved and enchanting regions located in the
northern part of India. In the heart of the Majestic Mountains lies the
state of Uttarakhand. The mountainous region offers a wonderful panorama
of high snow clad peaks. The unparallel beauty, mystic surrounding and
breath taking views make one fall in love with the Himalayas and feel
closer to God.
Nature has endowed this region with so much beauty and spiritual bliss
that the land is also known as Dev Bhumi (Land of Gods).
Location: Uttarakhand is
strategically located and forms part of the northern boundary of the country
sharing borders with Nepal and Tibet (China); it touches Tibet in the
north, Himachal Pradesh in the west and north-west, the gangetic plains
of Uttar Pradesh in the south and Nepal in the east. In the heart of this
majestic mountain lies the state of Uttarakhand.
Area: 55, 65,804 sq.km.
Border States: It touches
Tibet in the north, Himachal Pradesh in the west and north-west, the Uttar
Pradesh in the south and Nepal in the east.
Natural Resources: mineral deposits, rare species of plants and animals,
tea, and bamboo.
The economy of Uttarakhand is predominantly agrarian. More than 4/5th
of the working population is directly engaged in agriculture although
only 12.5% of the total land area is under agriculture is characterized
by steep topography\, high rainfall (1200-1600mm) and sandy soil. As a
result percolation losses of rainwater from terraced fields are very high.
The soil loses moisture easily and agriculture crop do not perform very
well. The high yielding varieties programs that were found to be successful
in the irrigated valley (Only 11% of the total; area is irrigated, almost
6% of which is fed by natural springs) did not spread to the hill zones.
Manufacturing is the backbone of the economy Global competitiveness in
manufacturing fosters growth, productivity and employment and strengthens
the agriculture and service sectors Uttarakhand has the textile, automobiles,
steel metals and petroleum products for the Indian market.
Uttarakhand has emerged as a premier manufacturing hub with the foray
of a number of Big corporations such as Hindustan UniLever, TATAs, Ashok
Leyland, Stevlite, Bajaj, Hero Honda, Mahindra & Mahindra etc.
The current scenario portrays a significant improvement in many new clusters
coming up in Uttarakhand like Auto, Pharma, Packaging and others.
In Uttarakhand service sector growth continued to be broad based. Among
the three sub sectors of services, trade, hotels, transport and communication
services continued to lead by growing at double – digit rates since
2003-2004. Impressive progress in the railway passenger network and production
of commercial vehicles, rapid addition to the existing stock of telephone
connections, particularly mobiles, growth in the financial services (banking,
insurance and real estate) and the construction boom were some of the
driving segments of the service sector.
Uttarakhand and Its Districts
The state comprises 13 districts of the erstwhile Uttar Pradesh, namely
Almora, Bhageshwar, Champawat, Chamoli, Dehradun, Hardwar, Nainital, Pauri
Garhwal, Pithoragarh, Rudraprayag, Tehri Garhwal, Udham Singh Nagar, and
Each of the Uttarakhand district is blessed with several investment opportunities
depending on their geographical location and availability of natural resources.
These opportunities are further enhanced by the rapid technological advancements
taking place in almost all districts that enhance the ability to innovate
and grow. There exists plethora of diversified investment opportunities
across Uttarakhand and the respective district Government are taking progressive
steps such as development of powerful infrastructure and formulating conducive
and stable policies to harness the same. A small brief of the investment
opportunities available in the Uttarakhand districts is given here:-
Almora: - The district of
Almora is a fine blend of mountain beauty, ancient culture influence thickly
wooded forests, scientific valleys, crystal lakes and gushing rivers.
Adorned with greenery- orchards, confiner forest an terraced farms, it
has numerous places of antiquity dating back to ancient times.
Bageshwar the land of Lord Shankar is of great religious, historic
and political significance. The Nilaparvat, situated between the rivers
Saryu and Gomati is said to be inhabited by al the 33 crore Gods of the
The district has a range of mountain that re full of minerals like
carbon etc. and its plain land is very fertile and is good for cultivation.
Chamoli:- Chamoli lies in
the heavenly Himalayas and is full of natural beauty. The majestic mountain,
ranges, rivers and valleys are associated with several Gods and Goddesses
of the Hindu pantheon.
Dehradun:- Dehradun lies
in a wooded valley with the Himalayan ranges to the North , the Shivalik
hill to the South and rivers Ganga and Yamuna on its Eastern and Western
flanks. It is one of the oldest inhabited places in India.
Hardwar, the gateway to the four pilgrimages of Uttarakhand, is
itself a major pilgrim destination. Hardwar has a held a long standing
position as a great source of Ayurvedic Medicine and herbal remedies as
well as unique Gurukul School of traditional education.
Nainital is a major Tourist destination with Naini Lake; itself
is home to the highest Yacht club in the world. The district is also full
of dense forest and orchids their giving it a clean environment.
Pauri: - diverse in topography,
the District of Pauri Garhwal varies from the foothills of the Tarai areas
to the sout lifting meadows.
district has a very high percentage of forest cover of conifer verities
in the North, subtropical variety in the middle and tropical forest in
the South. Many parts of the forest are virgin and are home to a variety
of flora and varied wildlife.
Named after lord Shiva (Rudra), Rudraprayag is situated at the
holy confluence of the Alakananda and Mandakini rivers, at a distance
of 34km from Srinagar. The entire region is blessed with immense natural
beauty, places of religious importance, lakes and glaciers.
Tehri (Garhwal):- The district
of Tehri Garhwal stretches from the snow clad Himalayan peak of Thalaiya
Sapar, Jonli and the Gangotri group all the way to the foothills near
Udham Singh Nagar: - The
district is covered with extensive farmlands; the region has been a pioneer
in agro-forestry plantation activity. It is a centre for Rice milling
and is also one of the Industrial bedrock of the state.
Uttarkashi: - The District
is full of rare variety of herbs & Medical Plants, Building wood &
Natural Forest 88% of the area is either covered by forest and is barren